(FreedomWire.org) – Joe Biden may claim that he cares about trying to lower gas prices in America, but his actions are telling a different story. He has come out and revealed that his administration would cancel a vast gas and oil lease located in Alaska. The lease has been pending approval, but it will not go through now that Biden is involved.
The cancellation of the gas lease is a significant blow to American oil. Biden plans to inflate prices so high that no one can afford to drive their gas-powered cars. The Democrat has also canceled several other oil leases that allowed for drilling out in the Gulf of Mexico.
Biden has blamed a lot of different sources for the record-high gas prices. He tried to blame the war with Vladimir Putin for the higher prices. Gas prices had already risen to record heights long before the war started. The president’s plan was to try and find a way to increase domestic supply and production.
But his commitment to such an endeavor was short-lived since he is secretly canceling contracts. The decision to kill all the deals was because there was no interest by anyone in drilling the area. The Gulf of Mexico cancellations was said to be connected to lawsuits and court rulings.
The Washington Post stated, “The Biden administration is poised to let the nationwide offshore drilling program expire next month without a new plan. Barring unexpected action, the current five-year offshore drilling program will lapse at June. Interior cannot hold any new oil and gas lease sales until it has completed a replacement plan.”
Biden plans to drag out the issue until all the leases expire. Americans can then expect high prices well into the next year because of the time it takes for drilling companies to gain access and start bringing up new oil.
Frank Macchiarola is the Senior Vice President of the American Petroleum Institute. He stated that Biden’s decision to cancel the Alaska contract was “another example of the administration’s lack of commitment to oil and gas development in the U.S. The President has spoken about the need for additional supplies in the market, but his administration has failed to take action to match that rhetoric.”
Ever since Biden took office, he tells people what they want to hear and fails to act on his statements. People are urging the president to extend the contracts and approve new ones for another five years.
The oil and gas industry is waiting for any sign that Biden will approve the new leases. The current signal is that he is dragging his feet and refuses to act because he does not have a plan to move forward. He claims to have a plan but refuses to reveal what that plan is all about.
The entire industry will grind to a stop soon if Biden fails to approve new drilling leases. The president is supposed to be a person who looks out for America’s interests. But Biden seems determined to look out for the interests of everyone else in the world. His determination to change the face of energy production and consumption will doom America for years to come.
The Democratic Party is playing a game with the future of America. Their goal to date has been to turn America into another failed socialist country where another evil dictator rules. Joe Biden needs high prices because it puts people on a dependent track to the federal government.